Tan Sri accused of taking RM5.5mil, S$1.5mil to settle probe
Malaysian businessman and former corporate executive Tan Kean Soon has claimed trial to four charges of cheating involving millions of ringgit and Singapore dollars. He is accused of falsely claiming the funds would be used to resolve anti-money laundering investigations for another businessman.
Why it matters
High-profile financial crime and corruption cases underscore legal enforcement actions surrounding white-collar offenses and political-business linkages.
Kuala Lumpur sessions court judge Azrul Darus allowed Tan Kean Soon bail of RM1 million with one surety.
KUALA LUMPUR: Businessman Tan Kean Soon claimed trial to four charges of cheating a businessman of RM5.5 million and S$1.5 million by claiming that the money would be used to resolve money laundering investigations.
The former T7 Global Bhd executive deputy chairman, who is a Tan Sri, pleaded not guilty after the charges were read to him before sessions court judge Azrul Darus here today.
Tan, 62, is accused of cheating Keh Chuan Seng on four separate occasions by claiming he could help resolve the freezing of Keh's personal and corporate bank accounts as well as police investigations under anti-money laundering laws.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in